In yesterday’s Wall Street session, Guidewire Software Inc (NYSE:GWRE) shares traded at $120.92, down -0.35% from the previous session.
GWRE stock price is now 5.24% away from the 50-day moving average and 17.09% away from the 200-day moving average. The market capitalization of the company currently stands at $10.08B.
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With the price target of $125, Raymond James recently initiated with Outperform rating for Guidewire Software Inc (NYSE: GWRE). , while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, Mullen John P, President & CRO sold 1,350 shares of the company’s stock on May 20 ’24. The stock was sold for $166,266 at an average price of $123.16. Upon completion of the transaction, the President & CRO now directly owns 146,697 shares in the company, valued at $17.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’24, President & CRO Mullen John P sold 1,350 shares of the business’s stock. A total of $150,322 was realized by selling the stock at an average price of $111.35. This leaves the insider owning 148,047 shares of the company worth $17.9 million. A total of 1.22% of the company’s stock is owned by insiders.
During the past 12 months, Guidewire Software Inc has had a low of $68.45 and a high of $125.35. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 3.40, and a quick ratio of 3.40. The fifty day moving average price for GWRE is $115.0288 and a two-hundred day moving average price translates $103.46355 for the stock.
The latest earnings results from Guidewire Software Inc (NYSE: GWRE) was released for 2024-01-31. According to the Software – Application Company, earnings per share came in at -0.08, beating analysts’ expectations of -0.14 by 0.06. This compares to -$0.11 EPS in the same period last year. The net profit margin was -5.48% and return on equity was -4.10% for GWRE. The company reported revenue of $240.9 million for the quarter, compared to $232.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.56 percent. For the current quarter, analysts expect GWRE to generate $231.27M in revenue.
